Enhancing Time Series Forecasting with Machine Learning and Deep Learning Models
摘要
Extreme weather events have a tremendous influence on global and national economy, affecting food harvests, human lives, and ecosystems. The current research uses a novel method to forecast severe weather by combining supervised machine learning algorithms with time series modeling. The study analyses the accuracy of proven methods, inclusive of ARIMA, SVR, RFR, and LSTM Networks, using a real-world dataset of daily stock prices as a case study. The results suggest that the LSTM algorithm is best in stock price forecasting, with SVR, RFR, and ARIMA exhibiting respectable accuracy. This research centered on the potential of machine learning to improve weather forecasts, which will have an impact on industries such as agriculture, transportation, and energy. It emphasizes the importance of high-quality data and accurate variable characterization for best model accuracy, and it anticipates continuous advances in weather forecasting as data sources and forecasting systems change.